Eurozone Q1 GDP remains at 0.3% growth, driven by household consumption and exports.

Eurozone's Q1 GDP growth remains unrevised at 0.3%, driven by household consumption and exports, with household final consumption expenditure increasing 0.2% and exports growing 1.4%. GDP increased 0.4% YoY, up from 0.2% growth in the previous quarter; gross fixed capital formation declined 1.5% and imports fell 0.3%. EU GDP also grew 0.3% sequentially after no change in Q4.

June 07, 2024
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